Global Infrared Proximity Sensors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Infrared Proximity Sensors industry revenue is expected to be around $1.8 billion in 2025 and expected to showcase growth with 9.9% CAGR between 2025 and 2034. The Infrared Proximity Sensors market demonstrates strong growth because these sensors have become vital components for various industries. The market expansion results from technological progress and increasing industrial automation needs. The sensors contactless object detection capability together with their reliable operation and extended lifespan makes them vital components for various applications. The sensors market growth continues because they find increasing use in healthcare and automotive and consumer electronics applications which demonstrates their current importance and future development potential.
Infrared Proximity Sensors function as contactless devices which detect objects through infrared light within defined distance ranges. These sensors deliver precise measurements while using minimal power and functioning across multiple environmental settings. These sensors find applications in obstacle detection and level sensing and touchless switch operation and other uses. The market demand for these sensors has surged because of two main factors: touchless technology adoption during COVID-19 and automotive industry requirements for advanced driver assistance systems.
Market Key Insights
- The Infrared Proximity Sensors market is projected to grow from $1.6 billion in 2024 to $4.2 billion in 2034. This represents a CAGR of 9.9%, reflecting rising demand across Industrial Automation, Consumer Electronics and Robotics.
- Omron Corporation, Honeywell International Inc., Panasonic Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Infrared Proximity Sensors market and are expected to observe the growth CAGR of 7.2% to 10.4% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 9.5% to 12.4%.
- Transition like Automation in Manufacturing is expected to add $124 million to the Infrared Proximity Sensors market growth by 2030.
- The Infrared Proximity Sensors market is set to add $2.6 billion between 2024 and 2034, with manufacturer targeting Industrial Automation & Automotive Applications projected to gain a larger market share.
- With Increased demand in automation industry, and Advancements in sensor technology, Infrared Proximity Sensors market to expand 157% between 2024 and 2034.